Peugeot's CEO has clarified the brand's shock decision to withdraw from the World Rallycross Championship is not based on its recent results.

The manufacturer announced on Thursday it will quit World RX after the next month's season finale in South Africa.

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Imparato also confirmed nine-time World Rally champion Sebastien Loeb, the only driver other than Johan Kristoffersson to have won a World RX round so far this season, will remain a PSA driver - having raced for Peugeot in World RX since 2016.